Dalmia Cement- 2900 Bags at Katihar Bihar


Item Id 701
Category Dalmia Cement- 2900 Bags at Katihar Bihar
Manufacture name Dalmia Cement Bharat Ltd
Model name Portland composite cement
Model number 2021
Production date 08-Jun-2021
Location Katihar Mills, Katihar, Bihar
Market Maker meenakshi@salvagemanagers.com
Sound Invoice Value Rs. 325.00 / Pieces
Quantity 2900 Pieces
Sound Invoice Lot Value Rs. 9,42,500.00
Reserve Price Rs. 160.00 / Pieces
Reserve Price Lot Value Rs. 4,64,000.00
Remaining Time
Ongoing Lot Bid Rs. 0.00
Current Bid Rs. 0.00 / Pieces
Incremental Bid / Pieces
Next Minimum Bid / Pieces


Portland composite cement - 2900 bags 

Week no.- 23/21

Disposal of the above material is being sold on‘ As Is Where Is’, ‘Whatever There Is’ and ‘No Complaint’ basis subject to the following condition:-


The sale of offered goods is per Bag basis

DYNAMIC TIME: The e-Auction shall automatically extend by 05 MINUTES in case someone enters a bid in the last one minute of the remaining time in closure of auction. This shall continue indefinitely until no one bids in the last one minute of the time remaining. Bids in dynamic time will be placed by 50% of incremental bid value.

The Auctioneer reserves the right to reject any bid without assigning any reason to the bidder. Auctioneer’s reserves the right to restart the e-Auction at any stage.

On approval, the Purchaser (H1) should remit 100% advance payment within 3-5 working days of receipt of bank details/allotment/delivery order, from the insured/sellerfailing which their EMD will be forfeited.

After depositing 100% payment, the Purchaser shall start lifting and shall be allowed to clear the lot awarded to him from the site within a period of 15 working days from the date of receipt of delivery order by him, failing which he have to pay ground rent for the salvageable quantity a per sellers T&C or minimum of Rs. 2,000/-per day.

EMD of the 2nd highest bidder shall be retained for 10 days from the date of approval of eAuction. If the H1 bidder failed to deposit payment within said period his EMD will be forfeited and H2 bidder will be asked to honor the deal at the second highest bid value within the aforesaid period of 3 days. Failing to which his EMD too will be forfeited.

The EMD of highest bidder/H1 will be refunded once the complete payment is received by insured/seller and also complete material is lifted by highest bidder/H1 after adjusting the auctioneer professional fee (5% + GST) from H1 bidder.

The Salvage Managers or the associated Loss Adjusters or Underwriters, being only the facilitators for disposal of salvage, have no knowledge about the specific trade requirements and shall bear no responsibility of any kind, in this regard of whatsoever nature.

The website 
www.salvagemanagers.com is maintained by external agencies at external servers. Any problem while bidding or technological glitches/problems may occur accidentally and such problems will be dealt in order to complete the entire process smoothly. The surveyor’s decision in this regard will be final as they have appointed us to bring transparency in the system by e-Auctioning.


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Contact Salvage Manager about this items/lot.
Email :meenakshi@salvagemanagers.com

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